Pine St Stanley DH9 7BB - 10% Rental Yield

£56,500.00

Details

Tenanted 3-bedroom terraced house.

The property is freehold.

The property briefly comprises of entrance hall entrance to lounge & kitchen and stairs to first floor.

First floor landing, 3 bedrooms and a bathroom.

EPC E but likely to be a C on next inspection as it has had external wall cladding since its last inspection.

The property is in a good area for high yeild rental properties and for first time buyers.

Rental figures

This property is currently let at £5,400 per year, £450 per month which gives a yield of 10%

We will ensure that the property is to a minimum of the Durham Decent Homes Standard and also to the standard for the current selective licensing conditions, at the point of sale.

For more information please click on the following link - refurbishment-process